Updates

Cranswick - Another acquisition

February 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Cranswick has announced the acquisition of Dunbia Ballymena, a leading Northern Irish pork processor, which processes around 7,800 UK pigs each week and achieved revenues of £72.4m in the year ended March ’16. Although the price was undisclosed it will enhance eps in FY’18.Earlier, Cranswick’s interim results revealed a continuation of its remarkable purple patch with revenues and pretax profit rising 16% and 24% to £581m and £37.9m respectively, helped by a good first time contribution from Crown Chicken (acquired in April). There was a strong uplift in volumes (+16%) and improved margins (up from 6.2% to 6.6%), benefiting from operational gearing and strong cost control. New contracts mea ...

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Marstons

Cranswick (January 2025)

Cranswick - Shares heading towards £50! (September 2024)

Cranswick - 11% eps CAGR over a decade (August 2024)

Cranswick - Meat processor’s pretax profit to grow 4-fold in 14 years! (March 2024)

Cranswick (January 2023)

Cranswick (August 2021)

Cranswick - Expects to beat market expectations (October 2020)

Cranswick (August 2020)

Cranswick - Demand for its meat rockets as people forced to eat at home (May 2020)

Cranswick - Terrific 182% gain (January 2020)

Cranswick (September 2018)

Cranswick - Shares hit high of 3502p (July 2018)

Cranswick - Ahead of expectations (March 2018)

Cranswick (February 2018)

Cranswick (September 2017)

Cranswick -Shares break through £30 barrier (July 2017)

Cranswick (October 2016)

Cranswick - Remarkably resilient share price (August 2016)

Cranswick - Shares hit Â£25 after acquisition (June 2016)

Cranswick - 10% volume growth in Q3 (March 2016)

Cranswick - Shares break through Â£19 for first time (February 2016)

Cranswick - Sales ahead of expectations (November 2015)

Cranswick (October 2015)

Cranswick - Shares soar over Â£16 for first time (July 2015)

Cranswick - Recovery of operating margins (January 2015)

Cranswick (July 2014)

Cranswick (May 2014)

Cranswick - Revenues up 13% (March 2014)

Cranswick - Supplier of premium pork products doing well from horse meat scandal (August 2013)

Cranswick - Sales of premium pork products soaring (January 2008)

Cranswick - Excellent earnings record for premium pork product supplier (September 2006)

Cranswick - Competition starting to ease (July 2003)

Cranswick (January 2003)

Cranswick - Gaining selling space at Sainsbury's (September 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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